Summary
Despite claiming countries are “dying to make a deal,” Trump has left multiple world leaders waiting for tariff talks, Politico reported.
Officials from the Philippines and the U.K. said requests for meetings have gone unanswered, while others described Trump aides as unresponsive.
Trump mocked foreign leaders during a GOP fundraiser, impersonating them pleading for deals.
Press Secretary Karoline Leavitt insisted phones are “ringing off the hook,” but failed to explain the communication gap, fueling criticism over the administration’s diplomatic failures amid escalating global trade tensions.
That’s what blows my mind - everyone is going to turn away from the USD standard. Almost makes me want to convert a ton of liquid assets into euros. Come to think of it, that wouldn’t be crazy, given the current context.
If you can. You should. I would.
I want covert a sizable chunk of USD to EUR but I haven’t found a way to do it without a physical bank.
Only option I’ve found so far is buying EURC (crypto, I know, I know but at least it’s pegged to EUR).
Most real online brokers let you buy and sell currency.
I’ve just woken up so apologies if I haven’t understood and answered this correctly… But there are travel cards that people use to convert currency. I personally have used Wise and Revolut.
And that’s exactly what Trump’s boss, Putin, wants to happen, so win-win.
And use what instead of the USD?
€
I know the yuan is possible, but I don’t think most of the world will go for that, considering how many strings would be attached to a monetary standard essentially controlled by the CCP vs the comparatively uncontrolled Euro.
It’s not that simple. I suggest you read this article that explains a few reasons why it hasn’t happened already.
https://www.nber.org/digest/apr20/why-euro-hasnt-become-international-currency-stature